Habitat for Humanity International is pleased to announce Joe L. Price, former president of consumer and small business banking at Bank of America, as chair of its international board of directors. Price, a member of the board since November 2011, succeeds Renée L. Glover and begins his two-year term as chair this month.

"Over the years, Joe's unwavering dedication to the affordable housing cause has helped Habitat expand its housing opportunities and solutions tremendously," said Jonathan Reckford, CEO of Habitat for Humanity International. "We are excited to move forward under his guidance and have no doubt Habitat will continue to benefit from his proven expertise and wisdom."

Other newly elected board officers are: Henry Cisneros of San Antonio, Texas, as board vice chair; Mary Lynn Staley of Edina, Minnesota, as board vice chair; Brad Hewitt of Medicine Lake, Minnesota, as board treasurer; and Fernando Zobel de Ayala of Makati City, Philippines, as board secretary.

Price, a finance executive who has held several senior leadership positions with Bank of America, previously served as Habitat's board treasurer. His tenure at Bank of America included positions as chief financial officer and global corporate and investment banking risk management executive. Prior to joining Bank of America, he was affiliated with Price Waterhouse and served as a member of the Financial Institutions National Industry Group specializing in banking, acquisitions and derivatives.

Board members completing their terms of service on Habitat's board are: Renée L. Glover, former president and CEO of the Atlanta Housing Authority; Eduardo Tabush, CEO of Meritage Assets Corp./Joomlashack.com; Gladys Gary Vaughn, director of outreach for the U.S. Department of Agriculture; and Nabil Abadir, former director general of Coptic Evangelical Organization for Social Services.

"We are forever grateful to Renée, Eduardo, Gladys and Nabil for their longstanding commitment to Habitat's mission and ministry," said Reckford. "Their leadership and counsel have allowed us to touch the lives of millions of people, and help them build the strength, stability and independence they need to build brighter futures for themselves and their families."

Habitat's board of directors is responsible for establishing policy and guiding the organization's efforts to construct, rehabilitate, repair, improve and advocate for housing in partnership with low-income families in more than 70 countries around the world. Habitat board members volunteer for two-year terms that can be renewed up to four times.